Civic Intelligence

James River Apartments

990 • Fiscal year 2019 • EIN 14-1905406

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 17, 2020

PO Box 8585Richmond, VA 23226

(804) 788-6825

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.34x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

5.07x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-53%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$143,346

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 138.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

25th percentile

-3.2%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

3.7%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,552,016

Down $51,062 (-3.2%) from 2018

Net Assets

Down

$1,028,737

Down $54,772 (-5.1%) from 2018

Liabilities

Up

$523,279

Up $3,710 (+0.7%) from 2018

Revenue

Up

$103,226

Up $3,727 (+3.7%) from 2018

Expenses

Down

$157,998

Down $1,290 (-0.8%) from 2018

Net Income

Up

-$54,772

Up $5,017 (+8.4%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,949,741Liabilities 2011: $8,460Net Assets 2011: $1,941,2712011Assets 2012: $1,900,602Liabilities 2012: $18,025Net Assets 2012: $1,882,5772012Assets 2013: $1,858,772Liabilities 2013: $18,034Net Assets 2013: $1,840,7382013Assets 2014: $1,812,396Liabilities 2014: $11,568Net Assets 2014: $1,800,8282014Assets 2015: $1,767,459Liabilities 2015: $9,622Net Assets 2015: $1,757,8372015Assets 2016: $1,732,765Liabilities 2016: $13,951Net Assets 2016: $1,718,8142016Assets 2017: $1,658,032Liabilities 2017: $13,734Net Assets 2017: $1,644,2982017Assets 2018: $1,603,078Liabilities 2018: $519,569Net Assets 2018: $1,083,5092018Assets 2019: $1,552,016Liabilities 2019: $523,279Net Assets 2019: $1,028,7372019Assets 2020: $1,504,524Liabilities 2020: $536,510Net Assets 2020: $968,0142020Assets 2021: $1,469,626Liabilities 2021: $565,644Net Assets 2021: $903,9822021Assets 2022: $1,429,318Liabilities 2022: $593,382Net Assets 2022: $835,9362022Assets 2023: $1,381,167Liabilities 2023: $620,958Net Assets 2023: $760,2092023Assets 2024: $1,352,005Liabilities 2024: $646,857Net Assets 2024: $705,1482024

Highlighted filing

2019

Assets$1,552,016
Liabilities$523,279
Net Assets$1,028,737

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $77,193Expenses 2011: $125,900Net Income 2011: -$48,7072011Revenue 2012: $87,783Expenses 2012: $146,487Net Income 2012: -$58,7042012Revenue 2013: $105,882Expenses 2013: $147,721Net Income 2013: -$41,8392013Revenue 2014: $101,605Expenses 2014: $141,515Net Income 2014: -$39,9102014Revenue 2015: $100,823Expenses 2015: $143,814Net Income 2015: -$42,9912015Revenue 2016: $101,620Expenses 2016: $140,643Net Income 2016: -$39,0232016Revenue 2017: $99,284Expenses 2017: $173,800Net Income 2017: -$74,5162017Revenue 2018: $99,499Expenses 2018: $159,288Net Income 2018: -$59,7892018Revenue 2019: $103,226Expenses 2019: $157,998Net Income 2019: -$54,7722019Revenue 2020: $105,200Expenses 2020: $165,923Net Income 2020: -$60,7232020Revenue 2021: $115,529Expenses 2021: $179,568Net Income 2021: -$64,0392021Revenue 2022: $117,775Expenses 2022: $185,821Net Income 2022: -$68,0462022Revenue 2023: $107,712Expenses 2023: $183,439Net Income 2023: -$75,7272023Revenue 2024: $115,728Expenses 2024: $170,789Net Income 2024: -$55,0612024

Highlighted filing

2019

Revenue$103,226
Expenses$157,998
Net Income-$54,772
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 17, 2020
Return Version
2019v5.1
Gross Receipts
$103,226
Mission and Program Overview

Mission

Provide Low Income Housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,530,497$1,477,534▼ $52,963
Cash and Non-Interest-Bearing Accounts$992$2,517▲ $1,525
Accounts Receivable$115$1,502▲ $1,387
Prepaid Expenses and Deferred Charges$252--
Total Assets$1,603,078$1,552,016▼ $51,062
Other Assets Total$71,222$70,463▼ $759
Liabilities
Mortgage Notes Payable Secured by Investment Property$501,000$501,000→ $0
Other Liabilities$13,146$19,918▲ $6,772
Accounts Payable and Accrued Expenses$3,211$2,361▼ $850
Deferred Revenue$2,212$0▼ $2,212
Total Liabilities$519,569$523,279▲ $3,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,083,509$1,028,737▼ $54,772
Total Net Assets Fund Balance$1,083,509$1,028,737▼ $54,772
Total Liabilities and Net Assets / Fund Balance$1,603,078$1,552,016▼ $51,062

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,316,930$489,455$1,806,385
Land$152,001-$152,001
Equipment$8,603$88,264$96,867
Other Assets Org$3,469--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Allison BogdanovicExecutive Director$143,346$143,346
-Director of Finance$109,936$109,936

Board Members and Trustees

NameTitle
Pamela GogginsPresident
Sharon K NusbaumVice President
Jason SnookSecretary
Jim MellendickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$103,206
Investment Income
$20
Other Revenue
$0
Change in Net Assets
$-54,772

Audited Revenue Reconciliation

Revenue per Audited Statements
$103,226
Total Revenue per Audited Statements
$103,226
Total Revenue per Form 990
$103,226
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$157,998
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$52,963$0$0$52,963
Insurance$11,506$0$0$11,506
Other Expenses$8,647$0$0$8,647
All Other Expenses$1,194$0$0$1,194
Total Functional Expenses$157,998$0$0$157,998

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$157,998
Total Expenses per Audited Statements$157,998
Total Expenses per Form 990$157,998
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$17,166
Security Deposits$2,752
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
James River Apartments
EIN
14-1905406
Phone
8047886825
Address
PO BOX 8585, Richmond, VA 23226

Signing Officer

Name
W Carter Dages Jr
Title
Director of Finance
Phone
8047886825
Signed
2020-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allison Bogdanovic
Formed
2008
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Dooley & Vicars
Address
21 S SHEPPARD ST, RICHMOND, VA 23221
Preparer
Thomas E TurnerCPA
Phone
8043552808
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Board approved the 990.

Pt VI, Line 12C

All Board policies are at the parent organization level.

Pt VI, Line 19

All documents are available at the parent organization.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01806385
IRS990ScheduleD/EquipmentGrp/BookValueAmt08603
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088264
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt096867
IRS990ScheduleD/ExpensesSubtotalAmt0157998
IRS990ScheduleD/LandGrp/BookValueAmt0152001
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0152001
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt063259
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13735
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23469
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0HUD Escrows
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Tenant Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Residual Receipts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02752
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Affiliates
IRS990ScheduleD/RevenueSubtotalAmt0103226
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01477534
IRS990ScheduleD/TotalBookValueOtherAssetsAmt070463
IRS990ScheduleD/TotalExpensesPerForm990Amt0157998
IRS990ScheduleD/TotalLiabilityAmt019918
IRS990ScheduleD/TotalRevenuePerForm990Amt0103226
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0103226
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0157998
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board approved the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All Board policies are at the parent organization level.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents are available at the parent organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0na
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Virginia Supportive Housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0541444564
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Development Of Low Income Housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05008 Monument Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Richmond
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd023226
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt014726
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Ammount Not Tracked
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Ammount Not Tracked
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2Actual
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3Ammount Not Tracked
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Virginia Supportive Housing
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Virginia Supportive Housing
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2Virginia Supportive Housing
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3Virginia Supportive Housing
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1n
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2o
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3p
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01603078
IRS990/TotalAssetsEOYAmt01552016
IRS990/TotalAssetsGrp/BOYAmt01603078
IRS990/TotalAssetsGrp/EOYAmt01552016
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0157998
IRS990/TotalFunctionalExpensesGrp/TotalAmt0157998
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0519569
IRS990/TotalLiabilitiesEOYAmt0523279
IRS990/TotalLiabilitiesGrp/BOYAmt0519569
IRS990/TotalLiabilitiesGrp/EOYAmt0523279
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01083509
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01028737
IRS990/TotalOtherCompensationAmt08346
IRS990/TotalProgramServiceExpensesAmt0157998
IRS990/TotalProgramServiceRevenueAmt0103206
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0103226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0103226
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01603078
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01552016
IRS990/TotReportableCompRltdOrgAmt0244936
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08002 Discovery Dr
IRS990/USAddress/CityNm0Richmond
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023226

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.65$0.71$0.12$0.17$0.06
2023Summary only. Only limited summary data is available for this year.$1.38$0.62$0.76$0.11$0.18$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.59$0.84$0.12$0.19$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.57$0.90$0.12$0.18$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.54$0.97$0.11$0.17$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.55$0.52$1.03$0.10$0.16$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.52$1.08$0.10$0.16$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.01$1.64$0.10$0.17$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.01$1.72$0.10$0.14$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.01$1.76$0.10$0.14$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.81$0.01$1.80$0.10$0.14$0.04
2013Summary only. Only limited summary data is available for this year.$1.86$0.02$1.84$0.11$0.15$0.04
2012Summary only. Only limited summary data is available for this year.$1.90$0.02$1.88$0.09$0.15$0.06
2011Summary only. Only limited summary data is available for this year.$1.95$0.01$1.94$0.08$0.13$0.05